Small Business Defense Conversion Guaranteed Loan Act of 1994
Referred to the House Committee on Small Business.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Apr 12, 1994
Small Business Defense Conversion Guaranteed Loan Act of 1994 - Amends the Small Business Act to: (1) authorize the Administrator of the Small Business Administration (SBA) to make loans on a guaranteed basis (currently, authorized but not guaranteed) to small businesses adversely affected by the closure of military bases or reductions or terminations of defense contracts; (2) allow such loans to small businesses that experience a substantial reduction in revenues due to such factors; and (3) authorize the SBA to make no more than $2 billion in deferred participation loans to such small businesses for each of FY 1995 and 1996.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 26, 2025. Consult Congress.gov for the current record.
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